UK development finance institution CDC Group has engaged two venture capital industry veterans as part of a VC program expansion in Africa and South Asia.
The appointments include Anne Glover, CEO and co-founder of London-based Amadeus Capital Partners, and Nikunj Jinsi, formerly global head for VC at International Finance Corporation (IFC). Both will sit...
Svolt Energy Technology, formerly the battery business unit of Chinese automaker Great Wall Motor, has raised a RMB3.5 billion ($542 million) Series A round featuring a string of government-linked investors.
Tiger Global Management has led a $100 million Series C round for India’s Infra.Market, valuing the construction materials marketplace at $1 billion.
Moore Threads, a Chinese chip designer established as recently as last October by a team from Nvidia, has closed two funding rounds amounting to several billion renminbi.
FountainVest Partners has agreed to acquire a majority stake in China-based CJ Rokin Logistics from Korea’s CJ Logistics for KRW733.8 billion ($661.3 million).